What is CBRE GROUP, INC.'s earnings per share (EPS)?

CBRE GROUP, INC. (CBRE) reported diluted earnings per share of $3.85 for fiscal year 2025. This represents a 22.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

CBRE GROUP, INC. (CBRE) Financials

CBRE

Trailing 12 months to June 30, 2026

Revenue $43.7B +14.9% YoY

Net Income $1.3B +19.4% YoY

EPS (Diluted) $4.36 +22.1% YoY

Free Cash Flow $938.0M -15.8% YoY

Market Cap $37.8B as of Oct 6, 2026

Price / Sales 0.9x on $43.7B revenue, trailing 12 months to June 30, 2026

Price / Earnings 29.1x on $1.3B net income, trailing 12 months to June 30, 2026

Price / Book 4.5x on $8.4B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 29, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CBRE SEC filings page.

CBRE GROUP, INC. (CBRE) reported $43.7B in revenue over the twelve months to Jun 30, 2026, up 14.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CBRE FY2025 2026-10-04

CBRE’s expansion is producing more operating profit, but heavier debt and rising receivables are absorbing cash.

Operating margin recovered from 3.5% in FY2023 to 4.3% in FY2025, showing improved execution without restoring the earlier profitability structure. Free cash flow fell from $1.4B in FY2024 to $1.2B in FY2025 despite higher operating profit, indicating that cash conversion is lagging accounting improvement rather than simply tracking reported earnings.

Debt-to-equity climbed from 0.2x in FY2021 to 0.6x in FY2025 while current assets remained only modestly above current liabilities. That combination points to expansion increasingly financed through a larger liability base, rather than solely through internally generated resources.

Accounts receivable rose from $5.2B in FY2021 to $8.3B in FY2025, outpacing revenue growth and tying more capital to collection timing. This working-capital drag helps explain why cash generation has not kept pace with operating-profit improvement, even though the business remains profitable.

Financial Health Signals

Financial Health Score 50/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of CBRE GROUP, INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. CBRE GROUP, INC. scores 24/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. CBRE GROUP, INC. scores 58/100 on it among other REITs.

Leverage

CBRE GROUP, INC.'s net debt of $3.2B, being $5.0B of long-term debt less $1.9B of cash, came to 1.28 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and CBRE GROUP, INC. scores 91/100 among other REITs.

Interest Cov.

CBRE GROUP, INC.'s operating income of $1.8B covered its interest expense of $216.0M 8.12 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and CBRE GROUP, INC. scores 96/100 among other REITs.

AFFO Margin

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. CBRE GROUP, INC. scores 30/100 on it among other REITs.

Dividend Cov.

Not available for CBRE GROUP, INC., and counted as zero in the overall score.

Altman Z-Score Safe

3.06

CBRE GROUP, INC. scores 3.06, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

CBRE GROUP, INC. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.35x

For every $1 of reported earnings, CBRE GROUP, INC. generates $1.35 in operating cash flow ($1.6B OCF vs $1.2B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

8.12x

CBRE GROUP, INC. earns $8.12 in operating income for every $1 of interest expense ($1.8B vs $216.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$11.2B

YoY+15.5%

QoQ+6.6%

5Y CAGR+11.7%

10Y CAGR+13.3%

CBRE GROUP, INC. generated $11.2B in revenue in Q2 2026. This represents an increase of 15.5% from the same quarter a year earlier. Against the prior quarter it is up 6.6%.

EBITDA

$555.0M

YoY+6.9%

QoQ-19.9%

5Y CAGR+2.7%

10Y CAGR+7.4%

CBRE GROUP, INC.'s EBITDA was $555.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 6.9% from the same quarter a year earlier. Against the prior quarter it is down 19.9%.

Net Income

$204.0M

YoY-5.1%

QoQ-35.8%

5Y CAGR-14.4%

10Y CAGR+5.3%

CBRE GROUP, INC. reported $204.0M in net income in Q2 2026. This represents a decrease of 5.1% from the same quarter a year earlier. Against the prior quarter it is down 35.8%.

EPS (Diluted)

$0.69

YoY-4.2%

QoQ-35.5%

5Y CAGR-11.9%

10Y CAGR+6.7%

CBRE GROUP, INC. earned $0.69 per diluted share (EPS) in Q2 2026. This represents a decrease of 4.2% from the same quarter a year earlier. Against the prior quarter it is down 35.5%.

Cash & Balance Sheet

Free Cash Flow

$24.0M

YoY+241.2%

QoQ+102.6%

5Y CAGR-42.3%

10Y CAGR-10.5%

CBRE GROUP, INC. generated $24.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 241.2% from the same quarter a year earlier. Against the prior quarter it is up 102.6%.

Cash & Debt

$1.5B

YoY+6.7%

QoQ-10.5%

5Y CAGR-7.0%

10Y CAGR+13.2%

CBRE GROUP, INC. held $1.5B in cash against $5.7B in long-term debt as of Q2 2026.

Shares Outstanding

290M

YoY-2.7%

QoQ-1.1%

5Y CAGR-2.9%

10Y CAGR-1.5%

CBRE GROUP, INC. had 290M shares outstanding in Q2 2026. This represents a decrease of 2.7% from the same quarter a year earlier. Against the prior quarter it is down 1.1%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

18.6%

YoY+0.3pp

QoQ+1.0pp

5Y change-3.7pp

CBRE GROUP, INC.'s gross margin was 18.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.

Operating Margin

3.3%

YoY-0.6pp

QoQ-1.6pp

5Y change-2.4pp

10Y change-2.4pp

CBRE GROUP, INC.'s operating margin was 3.3% in Q2 2026, reflecting core business profitability. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.6 percentage points.

Net Margin

1.8%

YoY-0.4pp

QoQ-1.2pp

5Y change-5.0pp

10Y change-2.0pp

CBRE GROUP, INC.'s net profit margin was 1.8% in Q2 2026, showing the share of revenue converted to profit. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.2 percentage points.

Return on Equity

2.4%

YoY-0.2pp

QoQ-1.3pp

5Y change-3.3pp

10Y change-1.8pp

CBRE GROUP, INC.'s ROE was 2.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.3 percentage points.

Capital Allocation

Share Buybacks

$410.0M

YoY+56.5%

QoQ-22.6%

5Y CAGR+72.1%

CBRE GROUP, INC. spent $410.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 56.5% from the same quarter a year earlier. Against the prior quarter it is down 22.6%.

Capital Expenditures

$114.0M

YoY+54.1%

QoQ+40.7%

5Y CAGR+19.7%

10Y CAGR+9.6%

CBRE GROUP, INC. invested $114.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 54.1% from the same quarter a year earlier. Against the prior quarter it is up 40.7%.

R&D Spending

Not reported for Q2 2026.

CBRE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CBRE quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$43.7B	$40.5B+13.4%	$35.8B+12.0%	$31.9B+3.6%	$30.8B+11.1%	$27.7B+16.5%	$23.8B-0.3%	$23.9B+12.0%	$21.3B+14.6%	$18.6B+7.3%	$17.4B+60.0%	$10.9B+20.0%	$9.0B+26.0%	$7.2B+10.3%	$6.5B+10.3%	$5.9B
Cost of Revenue	$35.6B	$33.0B+14.5%	$28.8B+12.2%	$25.7B+5.9%	$24.2B+12.3%	$21.6B+13.3%	$19.0B+1.9%	$18.7B+13.6%	$16.4B+15.0%	$14.3B+6.6%	$13.4B+33088.0%	$40.4M	N/A	N/A	N/A	N/A
Gross Profit	$8.1B	$7.6B+8.8%	$7.0B+10.9%	$6.3B-4.8%	$6.6B+6.9%	$6.2B+29.0%	$4.8B-8.2%	$5.2B+6.4%	$4.9B+13.1%	$4.3B+9.5%	$3.9B-63.5%	$10.8B	N/A	N/A	N/A	N/A
Operating Income	$2.0B	$1.8B+24.1%	$1.4B+26.5%	$1.1B-26.1%	$1.5B-7.6%	$1.6B+68.8%	$969.8M-23.0%	$1.3B+15.8%	$1.1B+0.9%	$1.1B+32.1%	$816.8M-2.3%	$835.9M+5.5%	$792.3M+28.6%	$616.1M+5.3%	$585.1M+26.4%	$462.9M
EBITDA	N/A	$2.5B+18.9%	$2.1B+20.0%	$1.7B-18.2%	$2.1B-1.8%	$2.2B+47.0%	$1.5B-13.4%	$1.7B+10.3%	$1.5B+3.7%	$1.5B+25.4%	$1.2B+2.9%	$1.2B+8.8%	$1.1B+31.1%	$806.5M+6.9%	$754.7M+30.4%	$578.6M
Interest Expense	$226.0M	$216.0M+0.5%	$215.0M+44.3%	$149.0M+115.9%	$69.0M+238.0%	-$50.0M+26.2%	-$67.8M+21.0%	-$85.8M-179.9%	$107.3M-21.6%	$136.8M-5.5%	$144.9M+21.8%	$118.9M+6.1%	$112.0M-17.1%	$135.1M-22.8%	$175.1M+16.5%	$150.2M
Income Tax	$384.0M	$317.0M+74.2%	$182.0M-27.2%	$250.0M+6.8%	$234.0M-58.8%	$568.0M+165.3%	$214.1M+206.3%	$69.9M-77.7%	$313.1M-33.1%	$467.8M+57.5%	$296.9M-7.5%	$320.9M+21.6%	$263.8M+40.9%	$187.2M+1.0%	$185.3M-2.0%	$189.1M
Net Income	$1.3B	$1.2B+19.5%	$968.0M-1.8%	$986.0M-29.9%	$1.4B-23.4%	$1.8B+144.3%	$752.0M-41.4%	$1.3B+20.6%	$1.1B+52.5%	$697.1M+21.6%	$573.1M+4.7%	$547.1M+12.9%	$484.5M+53.1%	$316.5M+0.3%	$315.6M+31.9%	$239.2M
EPS (Basic)	N/A	$3.88+22.8%	$3.16-1.3%	$3.20-26.6%	$4.36-20.4%	$5.48+144.6%	$2.24-41.4%	$3.82+22.0%	$3.13+51.9%	$2.06+20.5%	$1.71+4.3%	$1.64+11.6%	$1.47+53.1%	$0.96-2.0%	$0.98+30.7%	$0.75
EPS (Diluted)	$4.36	$3.85+22.6%	$3.14-0.3%	$3.15-26.6%	$4.29-20.7%	$5.41+143.7%	$2.22-41.1%	$3.77+21.6%	$3.10+51.2%	$2.05+21.3%	$1.69+3.7%	$1.63+12.4%	$1.45+52.6%	$0.95-2.1%	$0.97+31.1%	$0.74
Diluted Shares (Avg)	N/A	301M-2.4%	308M-1.4%	313M-4.6%	328M-3.5%	340M+0.4%	338M-0.6%	341M-0.8%	343M+0.7%	341M+0.7%	338M+0.6%	336M+0.7%	334M+0.7%	332M+1.4%	327M+1.0%	324M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$11.2B+15.5%	$10.5B+18.6%	$11.7B+12.4%	$10.3B+13.5%	$9.7B+15.8%	$8.9B+11.8%	$10.4B+16.3%	$9.0B+14.8%
Cost of Revenue	$9.1B+15.1%	$8.7B+19.4%	$9.5B+14.3%	$8.3B+14.5%	$7.9B+16.9%	$7.3B+12.2%	$8.3B+16.9%	$7.3B+13.4%
Gross Profit	$2.1B+17.5%	$1.9B+15.0%	$2.2B+5.3%	$2.0B+9.5%	$1.8B+11.1%	$1.6B+10.3%	$2.1B+13.8%	$1.8B+21.3%
Operating Income	$365.0M-2.4%	$511.0M+85.1%	$622.0M+4.5%	$481.0M+30.7%	$374.0M+52.0%	$276.0M+35.3%	$595.0M+17.8%	$368.0M+36.8%
EBITDA	$555.0M+6.9%	$693.0M+65.8%	$883.0M+14.4%	$662.0M+21.2%	$519.0M+27.5%	$418.0M+15.5%	$772.0M+16.8%	$546.0M+30.6%
Interest Expense	$60.0M+1.7%	$59.0M+18.0%	$57.0M+9.6%	$50.0M-21.9%	$59.0M-6.3%	$50.0M+38.9%	$52.0M+230.0%	$64.0M+268.4%
Income Tax	$68.0M+11.5%	$112.0M+115.4%	$113.0M+0.9%	$91.0M+35.8%	$61.0M+90.6%	$52.0M+279.3%	$112.0M-17.4%	$67.0M+116.1%
Net Income	$204.0M-5.1%	$318.0M+95.1%	$416.0M-14.6%	$363.0M+61.3%	$215.0M+65.4%	$163.0M+29.4%	$487.0M+2.1%	$225.0M+17.8%
EPS (Basic)	$0.70-2.8%	$1.08+100.0%	$1.40-11.9%	$1.22+67.1%	$0.72+71.4%	$0.54+31.7%	$1.59+1.9%	$0.73+17.7%
EPS (Diluted)	$0.69-4.2%	$1.07+98.1%	$1.39-12.0%	$1.21+65.8%	$0.72+71.4%	$0.54+31.7%	$1.58+3.3%	$0.73+19.7%
Diluted Shares (Avg)	294M-2.0%	297M-2.0%	N/A	300M-2.6%	300M-2.6%	303M-1.8%	N/A	308M-1.3%

Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.

CBRE Balance Sheet

CBRE quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$30.9B+26.6%	$24.4B+8.1%	$22.5B+9.9%	$20.5B-7.1%	$22.1B+22.4%	$18.0B+11.4%	$16.2B+20.4%	$13.5B+14.8%	$11.7B+8.7%	$10.8B-2.2%	$11.0B+45.6%	$7.6B+8.1%	$7.0B-10.4%	$7.8B+8.2%	$7.2B
Current Assets	$13.5B+35.3%	$10.0B+3.1%	$9.7B+13.3%	$8.5B-15.4%	$10.1B+14.0%	$8.8B+17.4%	$7.5B+11.6%	$6.8B+20.0%	$5.6B+9.9%	$5.1B-3.4%	$5.3B+57.3%	$3.4B+17.1%	$2.9B-29.5%	$4.1B+15.1%	$3.6B
Cash & Equivalents	$1.9B+67.3%	$1.1B-11.9%	$1.3B-4.0%	$1.3B-45.8%	$2.4B+28.2%	$1.9B+95.1%	$971.8M+25.0%	$777.2M+3.4%	$751.8M-1.4%	$762.6M+41.1%	$540.4M-27.1%	$740.9M+50.6%	$491.9M-54.8%	$1.1B-0.4%	$1.1B
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$663K	$0-100.0%	$679K-75.7%	$2.8M
Accounts Receivable	$8.3B+18.3%	$7.0B+10.0%	$6.4B+19.6%	$5.3B+3.4%	$5.2B+17.2%	$4.4B-1.6%	$4.5B+21.8%	$3.7B+17.9%	$3.1B+19.4%	$2.6B+5.4%	$2.5B+42.4%	$1.7B+16.8%	$1.5B	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$59.5M+4.8%	$56.8M-0.6%	$57.1M+65.1%	$34.6M
Goodwill	$7.1B+25.4%	$5.6B+9.6%	$5.1B+5.4%	$4.9B-2.5%	$5.0B+30.7%	$3.8B+1.8%	$3.8B+2.8%	$3.7B+12.2%	$3.3B+9.2%	$3.0B-3.4%	$3.1B+32.2%	$2.3B+1.9%	$2.3B+21.2%	$1.9B+3.3%	$1.8B
Total Liabilities	$21.3B+39.9%	$15.2B+12.7%	$13.5B+13.2%	$11.9B-6.4%	$12.7B+20.7%	$10.5B+6.1%	$9.9B+17.5%	$8.4B+12.0%	$7.5B-2.3%	$7.7B-6.5%	$8.3B+56.8%	$5.3B+4.0%	$5.1B-17.4%	$6.1B+5.6%	$5.8B
Current Liabilities	$12.3B+32.7%	$9.3B+12.7%	$8.2B0.0%	$8.2B-2.1%	$8.4B+17.8%	$7.1B+11.0%	$6.4B+10.9%	$5.8B+23.1%	$4.7B+4.1%	$4.5B-9.4%	$5.0B+70.5%	$2.9B+12.4%	$2.6B-12.3%	$3.0B+10.9%	$2.7B
Non-Current Liabilities	$8.9B+51.3%	$5.9B+12.7%	$5.2B+42.9%	$3.7B-14.7%	$4.3B+26.7%	$3.4B-2.8%	$3.5B+31.9%	$2.6B-6.6%	$2.8B-11.5%	$3.2B-2.1%	$3.3B+39.6%	$2.3B-4.8%	$2.5B-22.1%	$3.2B+1.1%	$3.1B
Long-Term Debt	$5.0B+55.6%	$3.2B+15.7%	$2.8B+158.2%	$1.1B-29.4%	$1.5B+11.4%	$1.4B-21.6%	$1.8B-0.3%	$1.8B-11.6%	$2.0B-21.5%	$2.5B-3.7%	$2.6B+46.3%	$1.8B+0.6%	$1.8B-23.6%	$2.4B-2.1%	$2.4B
Total Equity	$8.9B+5.6%	$8.4B+1.7%	$8.3B+5.3%	$7.9B-7.9%	$8.5B+20.5%	$7.1B+13.6%	$6.2B+26.2%	$4.9B+20.0%	$4.1B+36.5%	$3.0B+11.1%	$2.7B+20.0%	$2.3B+19.2%	$1.9B+23.2%	$1.5B+33.7%	$1.2B
Retained Earnings	$9.9B+3.6%	$9.6B+4.1%	$9.2B+4.0%	$8.8B+5.6%	$8.4B+28.1%	$6.5B+12.7%	$5.8B+28.6%	$4.5B+30.8%	$3.4B+29.6%	$2.7B+27.2%	$2.1B+35.5%	$1.5B+45.9%	$1.1B+42.8%	$740.1M+74.3%	$424.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$30.5B+10.0%	$30.2B+14.4%	$30.9B+26.6%	$28.6B+15.0%	$27.7B+18.0%	$26.4B+14.8%	$24.4B+8.1%	$24.8B+14.6%
Current Assets	$12.9B+8.0%	$12.7B+17.6%	$13.5B+35.3%	$12.6B+18.4%	$12.0B+23.9%	$10.8B+14.7%	$10.0B+3.1%	$10.6B+13.8%
Cash & Equivalents	$1.5B+6.7%	$1.7B+20.4%	$1.9B+67.3%	$1.7B+62.8%	$1.4B+50.3%	$1.4B+32.4%	$1.1B-11.9%	$1.0B-18.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$8.8B+20.0%	$8.4B+24.4%	$8.3B+18.3%	$7.6B+12.8%	$7.3B+16.1%	$6.8B+9.4%	$7.0B+10.0%	$6.7B+17.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$7.0B+9.2%	$7.0B+12.2%	$7.1B+25.4%	$6.4B+10.8%	$6.4B+13.1%	$6.3B+12.7%	$5.6B+9.6%	$5.8B+16.5%
Total Liabilities	$21.3B+13.9%	$20.9B+20.2%	$21.3B+39.9%	$19.3B+26.1%	$18.7B+31.0%	$17.4B+25.2%	$15.2B+12.7%	$15.3B+15.6%
Current Liabilities	$11.3B+6.5%	$11.8B+8.1%	$12.3B+32.7%	$11.2B+18.3%	$10.6B+23.1%	$10.9B+32.0%	$9.3B+12.7%	$9.4B+19.9%
Non-Current Liabilities	$10.0B+23.6%	$9.1B+40.3%	$8.9B+51.3%	$8.1B+38.6%	$8.1B+43.1%	$6.5B+15.3%	$5.9B+12.7%	$5.9B+9.3%
Long-Term Debt	$5.7B+32.1%	$5.0B+56.6%	$5.0B+55.6%	$4.3B+31.9%	$4.3B+32.6%	$3.2B-2.3%	$3.2B+15.7%	$3.3B+17.2%
Total Equity	$8.4B+1.8%	$8.5B+2.9%	$8.9B+5.6%	$8.5B-1.8%	$8.3B-1.2%	$8.3B+0.3%	$8.4B+1.7%	$8.7B+13.1%
Retained Earnings	$9.5B+1.3%	$9.7B+3.1%	$9.9B+3.6%	$9.8B+1.9%	$9.4B+0.1%	$9.4B+1.3%	$9.6B+4.1%	$9.6B+9.8%

Not reported in any period shown, so not listed: Inventory.

CBRE Cash Flow Statement

CBRE quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.4B	$1.6B-8.7%	$1.7B+255.8%	$480.0M-70.5%	$1.6B-31.1%	$2.4B+29.1%	$1.8B+49.6%	$1.2B+8.1%	$1.1B+26.5%	$894.4M+45.0%	$617.0M-5.4%	$651.9M-1.5%	$661.8M-11.2%	$745.1M+156.0%	$291.1M-19.4%	$361.2M
Depreciation & Amortization	N/A	$729.0M+8.2%	$674.0M+8.4%	$622.0M+1.5%	$613.0M+16.5%	$526.0M+4.8%	$501.7M+14.2%	$439.2M-2.8%	$452.0M+11.3%	$406.1M+10.7%	$366.9M+16.8%	$314.1M+18.5%	$265.1M+39.2%	$190.4M+12.2%	$169.6M+46.6%	$115.7M
Stock-Based Compensation	N/A	$120.0M-17.8%	$146.0M+52.1%	$96.0M-40.0%	$160.0M-13.5%	$185.0M+206.3%	$60.4M-52.7%	$127.7M-0.3%	$128.2M+37.7%	$93.1M+46.6%	$63.5M-15.0%	$74.7M+25.0%	$59.8M+23.4%	$48.4M-6.3%	$51.7M+16.7%	$44.3M
Capital Expenditures	$423.0M	$366.0M+19.2%	$307.0M+0.7%	$305.0M+17.2%	$260.1M+24.0%	$209.9M-21.3%	$266.6M-9.2%	$293.5M+28.8%	$227.8M+27.9%	$178.0M-6.9%	$191.2M+37.1%	$139.5M-18.6%	$171.2M+9.5%	$156.4M+4.1%	$150.2M+1.5%	$148.0M
Free Cash Flow	$938.0M	$1.2B-14.8%	$1.4B+700.6%	$175.0M-87.2%	$1.4B-36.5%	$2.2B+37.7%	$1.6B+68.2%	$929.9M+2.9%	$903.4M+26.1%	$716.4M+68.2%	$425.8M-16.9%	$512.4M+4.5%	$490.5M-16.7%	$588.8M+318.0%	$140.8M-33.9%	$213.2M
Investing Cash Flow	-$1.4B	-$1.6B-7.5%	-$1.5B-122.3%	-$681.0M+18.1%	-$832.0M+35.1%	-$1.3B-72.2%	-$744.1M-3.2%	-$721.0M-28.6%	-$560.7M-85.3%	-$302.6M-101.0%	-$150.5M	N/A	-$151.6M+67.4%	-$465.0M-135.2%	-$197.7M+58.8%	-$480.3M
Financing Cash Flow	$163.0M	$796.0M+460.2%	-$221.0M-243.5%	$154.0M+108.7%	-$1.8B-260.4%	-$490.0M-120.0%	-$222.8M+18.1%	-$271.9M+46.3%	-$506.6M+19.3%	-$627.7M-184.5%	-$220.7M	N/A	-$232.1M+73.2%	-$866.3M-760.4%	-$100.7M-114.2%	$711.3M
Share Buybacks	$1.2B	$968.0M+54.4%	$627.0M-5.7%	$665.0M-64.1%	$1.9B+401.4%	$369.0M+637.6%	$50.0M-65.5%	$145.1M-9.9%	$161.0M	N/A	N/A	N/A	N/A	-$16.6M	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$138.0M+142.1%	-$825.0M-51.1%	$1.2B-8.9%	$827.0M+44.3%	$57.0M-80.1%	-$546.0M-11.0%	$1.3B+57.1%	$573.0M+49.6%
Depreciation & Amortization	$190.0M+31.0%	$182.0M+28.2%	$189.0M+6.8%	$181.0M+1.7%	$145.0M-9.9%	$142.0M-10.1%	$177.0M+12.7%	$178.0M+19.5%
Stock-Based Compensation	N/A	$48.0M+128.6%	N/A	N/A	N/A	$21.0M-30.0%	N/A	N/A
Capital Expenditures	$114.0M+54.1%	$81.0M+26.6%	$144.0M+54.8%	$84.0M+6.3%	$74.0M+10.4%	$64.0M-5.9%	$93.0M-1.1%	$79.0M+3.9%
Free Cash Flow	$24.0M+241.2%	-$906.0M-48.5%	$1.1B-13.6%	$743.0M+50.4%	-$17.0M-107.7%	-$610.0M-8.9%	$1.2B+64.3%	$494.0M+60.9%
Investing Cash Flow	-$273.0M-5360.0%	$64.0M+113.9%	-$963.0M-4715.0%	-$197.0M-5.3%	-$5.0M+98.8%	-$462.0M+48.7%	-$20.0M+86.1%	-$187.0M-12.0%
Financing Cash Flow	-$18.0M+81.3%	$545.0M-56.6%	-$36.0M+96.9%	-$328.0M-4.1%	-$96.0M-292.0%	$1.3B+5.4%	-$1.1B-52.7%	-$315.0M-86.4%
Share Buybacks	$410.0M+56.5%	$530.0M+26.8%	$288.0M-44.3%	$0-100.0%	$262.0M+457.4%	$418.0M	$517.0M+2621.1%	$63.0M-87.8%

Not reported in any period shown, so not listed: Dividends Paid.

CBRE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CBRE quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	18.7%-0.8pp	19.4%-0.2pp	19.6%-1.7pp	21.4%-0.9pp	22.2%+2.2pp	20.1%-1.7pp	21.8%-1.1pp	22.9%-0.3pp	23.2%+0.5pp	22.7%-76.9pp	99.6%	N/A	N/A	N/A	N/A
Operating Margin	4.3%+0.4pp	4.0%+0.4pp	3.5%-1.4pp	4.9%-1.0pp	5.9%+1.8pp	4.1%-1.2pp	5.3%+0.2pp	5.1%-0.7pp	5.8%+1.1pp	4.7%-3.0pp	7.7%-1.0pp	8.8%+0.2pp	8.6%-0.4pp	9.0%+1.1pp	7.8%
Net Margin	2.9%+0.1pp	2.7%-0.4pp	3.1%-1.5pp	4.6%-2.1pp	6.6%+3.5pp	3.2%-2.2pp	5.4%+0.4pp	5.0%+1.2pp	3.7%+0.4pp	3.3%-1.7pp	5.0%-0.3pp	5.3%+0.9pp	4.4%-0.4pp	4.8%+0.8pp	4.0%
Return on Equity	13.0%+1.5pp	11.5%-0.4pp	11.9%-6.0pp	17.9%-3.6pp	21.5%+10.9pp	10.6%-9.9pp	20.6%-1.0pp	21.5%+4.6pp	16.9%-2.1pp	19.0%-1.2pp	20.2%-1.3pp	21.4%+4.7pp	16.7%-3.8pp	20.5%-0.3pp	20.8%
Return on Assets	3.8%-0.2pp	4.0%-0.4pp	4.4%-2.5pp	6.9%-1.5pp	8.3%+4.1pp	4.2%-3.8pp	7.9%0.0pp	7.9%+2.0pp	5.9%+0.6pp	5.3%+0.3pp	5.0%-1.4pp	6.4%+1.9pp	4.5%+0.5pp	4.0%+0.7pp	3.3%
Current Ratio	1.090.0x	1.07-0.1x	1.17+0.1x	1.03-0.2x	1.200.0x	1.24+0.1x	1.170.0x	1.160.0x	1.19+0.1x	1.13+0.1x	1.06-0.1x	1.150.0x	1.11-0.3x	1.370.0x	1.32
Debt-to-Equity	0.57+0.2x	0.390.0x	0.34+0.2x	0.140.0x	0.180.0x	0.20-0.1x	0.28-0.1x	0.36-0.1x	0.49-0.4x	0.85-0.1x	0.98+0.2x	0.80-0.1x	0.95-0.6x	1.53-0.6x	2.09
Asset Turnover	1.31-0.2x	1.47+0.1x	1.42-0.1x	1.50+0.2x	1.26-0.1x	1.32-0.2x	1.48-0.1x	1.590.0x	1.590.0x	1.61+0.6x	0.99-0.2x	1.20+0.2x	1.03+0.2x	0.830.0x	0.82
FCF Margin	2.9%-1.0pp	3.9%+3.4pp	0.5%-3.9pp	4.4%-3.3pp	7.8%+1.2pp	6.6%+2.7pp	3.9%-0.3pp	4.2%+0.4pp	3.9%+1.4pp	2.5%-2.3pp	4.7%-0.7pp	5.4%-2.8pp	8.2%+6.0pp	2.2%-1.4pp	3.6%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	18.6%+0.3pp	17.6%-0.6pp	19.0%-1.3pp	19.1%-0.7pp	18.3%-0.8pp	18.1%-0.3pp	20.3%-0.4pp	19.7%+1.0pp
Operating Margin	3.3%-0.6pp	4.9%+1.7pp	5.3%-0.4pp	4.7%+0.6pp	3.9%+0.9pp	3.1%+0.5pp	5.7%+0.1pp	4.1%+0.6pp
Net Margin	1.8%-0.4pp	3.0%+1.2pp	3.6%-1.1pp	3.5%+1.1pp	2.2%+0.7pp	1.8%+0.2pp	4.7%-0.6pp	2.5%+0.1pp
Return on Equity	2.4%-0.2pp	3.7%+1.8pp	4.7%-1.1pp	4.3%+1.7pp	2.6%+1.1pp	2.0%+0.4pp	5.8%0.0pp	2.6%+0.1pp
Return on Assets	0.7%-0.1pp	1.1%+0.4pp	1.4%-0.7pp	1.3%+0.4pp	0.8%+0.2pp	0.6%+0.1pp	2.0%-0.1pp	0.9%0.0pp
Current Ratio	1.140.0x	1.08+0.1x	1.090.0x	1.130.0x	1.130.0x	1.00-0.2x	1.07-0.1x	1.13-0.1x
Debt-to-Equity	0.68+0.2x	0.59+0.2x	0.57+0.2x	0.51+0.1x	0.53+0.1x	0.390.0x	0.390.0x	0.380.0x
Asset Turnover	0.370.0x	0.350.0x	0.380.0x	0.360.0x	0.350.0x	0.340.0x	0.430.0x	0.360.0x
FCF Margin	0.2%+0.4pp	-8.6%-1.7pp	9.2%-2.8pp	7.2%+1.8pp	-0.2%-2.8pp	-6.9%+0.2pp	12.0%+3.5pp	5.5%+1.6pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
CBRE GROUP, INC. CBRE	FY2025	$40.5B	$1.2B	2.9%	$37.8B	50/100
CoStar Group Inc CSGP	FY2025	$3.2B	$6.5M	0.2%	$11.2B	30/100
Jones Lang LaSalle, Inc. JLL	FY2025	$26.1B	$792.0M	3.0%	$13.9B	39/100
KE Holdings Inc. BEKE	FY2025	$13.5B	$428.1M	3.2%	$18.1B	20/100
Newmark Group, Inc. NMRK	FY2025	$3.3B	$126.2M	3.8%	$2.3B	54/100
Cushman & Wakefield Ltd. CWK	FY2025	$10.3B	$88.2M	0.9%	$2.8B	43/100

Where CBRE GROUP, INC. Ranks

Frequently Asked Questions

What is CBRE GROUP, INC.'s annual revenue?

CBRE GROUP, INC. (CBRE) reported $40.5B in total revenue for fiscal year 2025. This represents a 13.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is CBRE GROUP, INC.'s revenue growing?

CBRE GROUP, INC. (CBRE) revenue grew by 13.4% year-over-year, from $35.8B to $40.5B in fiscal year 2025.

Is CBRE GROUP, INC. profitable?

Yes, CBRE GROUP, INC. (CBRE) reported a net income of $1.2B in fiscal year 2025, with a net profit margin of 2.9%.

What is CBRE GROUP, INC.'s EBITDA?

CBRE GROUP, INC. (CBRE) had EBITDA of $2.5B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does CBRE GROUP, INC. have?

As of fiscal year 2025, CBRE GROUP, INC. (CBRE) had $1.9B in cash and equivalents against $5.0B in long-term debt.

What is CBRE GROUP, INC.'s gross margin?

CBRE GROUP, INC. (CBRE) had a gross margin of 18.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is CBRE GROUP, INC.'s operating margin?

CBRE GROUP, INC. (CBRE) had an operating margin of 4.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is CBRE GROUP, INC.'s net profit margin?

CBRE GROUP, INC. (CBRE) had a net profit margin of 2.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is CBRE GROUP, INC.'s return on equity (ROE)?

CBRE GROUP, INC. (CBRE) has a return on equity of 13.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is CBRE GROUP, INC.'s free cash flow?

CBRE GROUP, INC. (CBRE) generated $1.2B in free cash flow during fiscal year 2025. This represents a -14.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is CBRE GROUP, INC.'s operating cash flow?

CBRE GROUP, INC. (CBRE) generated $1.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are CBRE GROUP, INC.'s total assets?

CBRE GROUP, INC. (CBRE) had $30.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are CBRE GROUP, INC.'s capital expenditures?

CBRE GROUP, INC. (CBRE) invested $366.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does CBRE GROUP, INC. buy back shares?

Yes, CBRE GROUP, INC. (CBRE) spent $968.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does CBRE GROUP, INC. have outstanding?

CBRE GROUP, INC. (CBRE) had 295M shares outstanding as of fiscal year 2025.

What is CBRE GROUP, INC.'s current ratio?

CBRE GROUP, INC. (CBRE) had a current ratio of 1.09 as of fiscal year 2025, which is considered adequate.

What is CBRE GROUP, INC.'s debt-to-equity ratio?

CBRE GROUP, INC. (CBRE) had a debt-to-equity ratio of 0.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CBRE GROUP, INC.'s return on assets (ROA)?

CBRE GROUP, INC. (CBRE) had a return on assets of 3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is CBRE GROUP, INC.'s P/E ratio?

CBRE GROUP, INC. (CBRE) trades at 29.1x earnings, its market capitalization divided by net income of $1.3B net income, trailing 12 months to June 30, 2026. The market capitalization is $37.8B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is CBRE GROUP, INC.'s price-to-sales ratio?

CBRE GROUP, INC. (CBRE) trades at 0.9x sales, its market capitalization divided by revenue of $43.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $37.8B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is CBRE GROUP, INC.'s Altman Z-Score?

CBRE GROUP, INC. (CBRE) has an Altman Z-Score of 3.06, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is CBRE GROUP, INC.'s Piotroski F-Score?

CBRE GROUP, INC. (CBRE) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are CBRE GROUP, INC.'s earnings high quality?

CBRE GROUP, INC. (CBRE) has an earnings quality ratio of 1.35x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can CBRE GROUP, INC. cover its interest payments?

CBRE GROUP, INC. (CBRE) has an interest coverage ratio of 8.12x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is CBRE GROUP, INC.?

CBRE GROUP, INC. (CBRE) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.